Europe Must Invest in Open Source AI or Cede To China, Schmidt Says

An anonymous reader shares a report: Europe must invest in its own open source artificial intelligence labs and address soaring energy prices, or it will quickly find itself dependent on Chinese models, former Google chief executive and tech investor Eric Schmidt said. "In the US, the companies are largely moving to closed source, which means they'll be purchased and licensed and so forth. And it is also the case that China is largely open weight, open source in its approach," Schmidt said at the World Economic Forum in Davos, Switzerland, on Tuesday. "Unless Europe is willing to spend lots of money for European models, Europe will end up using the Chinese models. It's probably not a good outcome for Europe."

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